Thornburg Investment Management’s Jason Brady in The Wall Street Journal

Short-Term Bond Market Roiled by Panic Selling

Many traders are selling what they can, not what they want to sell

Short-term bonds typically act as a haven in turbulent times. But debt maturing in three years or less has been routed in recent days, punishing investors in markets ranging from corporate bonds to asset-backed debt.

Read more here: https://www.wsj.com/articles/short-term-bond-market-roiled-by-panic-selling-11584542633

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